The Brunei economy recovered in 2019 and the recovery is expected to continue this year amid a sharp slowdown in the global economy, according to the 2019 Annual Consultation Report on Brunei Darussalam published yesterday by the ASEAN+3 Macroeconomic Research Office (AMRO). The agency said, “The gross domestic product (GDP) grew by 3.9 per cent […]
Read MoreThe total trade value at 18 border trade camps exceeded US$9.56 billion from 1 October to 21 August in 2019-2020 financial year (FY), according to the Ministry of Commerce. During this period, the total border trade value amounted to $9.56 billion, an increase of $334 million compared to that of the same period last year. […]
Read MoreWhile domestic travel is on the rise following government efforts to reduce the impact of the Covid-19 pandemic on tourism-related businesses, the upturn is unlikely to offset the complete absence of foreign tourists. President of the Lao National Chamber of Commerce and Industry, Mr Oudeth Souvannavong, told Vientiane Times on Monday the slump in tourism was not […]
Read MoreThe Hanoitimes – It is essential to make a breakthrough in institutional reform to better mobilize resources for development and prevent splurge and corruption in state resources management. By 2045, when Vietnam celebrates the 100th anniversary of the Independence Day, the country is expected to become a developed and high-income country, according to Party General Secretary and […]
Read MoreThe Bank of Thailand is allowing unsecured loan borrowers to use collateral stemming from mortgage loans for debt restructuring through debt consolidation, with lower interest rates charged. The central bank has introduced an optional debt relief measure for consumer finance products as a debt consolidation method. Borrowers who have good debt-servicing ability for housing loans […]
Read MoreCambodia’s rice exports to international markets in August dropped drastically to 22,130 tonnes, according to the National Phytosanitary database of the Ministry of Agriculture, Forestry and Fisheries. Compared with August last year, they fell nearly 35 percent from 34, 032 tonnes. However, in total Cambodia’s rice exports increased in the first eight months of the […]
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